News
OXFORD, CT — Mirtec Co. Ltd. today said North American revenue was up more than 81% year-over-year for the first six months of fiscal 2008.
The privately held company did not disclose revenue figures.
In a statement, president Brian D’Amico cited the firm's two new AOI platforms, the MV-7L and MV-3L.
“Mirtec's success is based on a commitment to bring to the market new and innovative products with a special emphasis on quality, accuracy, ease of operation and reliability,” D’Amico said.
In a statement, president Brian D’Amico cited the firm's two new AOI platforms, the MV-7L and MV-3L.
“Mirtec's success is based on a commitment to bring to the market new and innovative products with a special emphasis on quality, accuracy, ease of operation and reliability,” D’Amico said.
WEST BERLIN, NJ – Dynasil Corp. of America has acquired Radiation
Monitoring Devices Inc. and specific assets of RMD Instruments LLC for $20
million in cash and stock.
Under terms of the deal, Dynasil will pay $12.5 million in cash and 4.6 million shares of common stock for RMD.
SINGAPORE – Singapore's electronics industry rose in June, reversing a one-month fall into recession. The sector rose 2.3 points to 51.7, according to purchasing executives in more than 150 industrial companies.
May was the first time in nearly two years the electronics sector failed to grow.
The national purchasing managers' index rose 1.6 points sequentially to 50.6 in June, on new orders and higher levels of production output. A reading above 50.0 is a sign of an expanding market.
Electronics makes up one-third of Singapore's manufacturing output.
COOPERSVILLE, MI – Saturn Electronics & Engineering has been awarded a $500,000 federal grant to help fund new machinery and equipment at its plant here.
The company, which makes automotive electronics and components, will use the grant toward planned capital investments of some $11 million. Saturn will hire 26 additional workers as well.
The company, which makes automotive electronics and components, will use the grant toward planned capital investments of some $11 million. Saturn will hire 26 additional workers as well.
The grant is being made available by the Michigan Economic Development Corp.
LOS ALTOS, CA – China’s electronic equipment production market is finally slowing down, and taking the rest of the world with it.
Citing the recent economic environment and spate of earthquakes, research firm Henderson Ventures said China’s short-term equipment production output will drop eight points to 13.5% this year, before rebounding slightly in 2009 and 2010.
Citing the recent economic environment and spate of earthquakes, research firm Henderson Ventures said China’s short-term equipment production output will drop eight points to 13.5% this year, before rebounding slightly in 2009 and 2010.
VANCOUVER -- EMS firm Silicon Forest
Electronics has added 20,000 sq. ft. of manufacturing space and
reconfigured two manufacturing lines to increase speed and flexibility for
quickturn, low-volume production.
The company also added high-speed equipment, more than doubling its overall machine capacity to over 7 million placements per month across a total of four lines. Additional capacity improvements are planned for late 2008, which will add another 2 to
4 million placements per month.
The company, which also has capacity in Zhuhai, China, and a partnering arrangement with ACW, provides “one-stop” contract manufacturing.
Press Releases
- SEMI Applauds Statement from Senators Crapo and Wyden Supporting U.S. Tax Credit for Semiconductor Manufacturing
- ECIA’s July Industry Pulse Sentiment Index Suffers Summer Slide and Dips 12.5 Points from June High
- Datest to Host Siemens EDA Webinar on Data-Driven PCB Test Planning for Increasingly Complex Electronics Designs
- StenTech Expands North American Manufacturing Capacity Through Strategic Investment